Trump administration sanctions big Russian oil companies, presses for Ukraine ceasefire
- On Wednesday, the U.S. Treasury Department levied sanctions on Lukoil and Rosneft after the Budapest planned meeting between President Donald Trump and President Vladimir Putin was shelved.
- After Russian negotiators rejected a cease-fire proposal, Treasury Secretary Scott Bessent said sanctions respond to President Vladimir Putin's refusal to end the war and urged an immediate ceasefire and allied support.
- Sanctions hit Rosneft and Lukoil along with dozens of subsidiaries, targeting firms that supply almost half of Russia's crude oil exports, a vital source for the Russian government.
- Allied pressure accompanied the U.S. action after Russian drones and missiles killed at least six people in Ukraine and the United Kingdom issued sanctions last week.
- U.S. lawmakers are awaiting White House approval to vote on a bill to enforce steep sanctions, while more international sanctions are likely at the EU summit in Brussels on Thursday.
138 Articles
138 Articles
White House hits Russia with massive sanctions, demands ‘immediate ceasefire’ in Ukraine
U.S. Treasury Secretary Scott Bessent announced new sanctions against the Russian Federation and called for an “immediate ceasefire” in its war against Ukraine. The war in Ukraine has been raging for more than three years, but negotiations between President Donald Trump and Russian President Vladimir Putin appear to have come to an impasse on Wednesday. ‘Given President Putin’s refusal to end this senseless war, Treasury is sanctioning Russia’s …
The news of Thursday, October 23 on the conflict in Ukraine, live. Moscow: "Continue the preparation of the Putin-Trump Summit." Zelensky: "To freeze the war on the current front line is a good compromise"
White House hits Russia with massive sanctions, demands 'immediate ceasefire' in Ukraine
U.S. Treasury Secretary Scott Bessent announced new sanctions against the Russian Federation and called for an "immediate ceasefire" in its war against Ukraine.The war in Ukraine has been raging for more than three years, but negotiations between President Donald Trump and Russian President Vladimir Putin appear to have come to an impasse on Wednesday.'Given President Putin's refusal to end this senseless war, Treasury is sanctioning Russia's tw…
‘Talks with Putin don’t go anywhere’: Trump says as US announces new sanctions on Russia’s two largest oil companies
The new sanctions on Russian oil companies came a day after Trump announced he had “canceled” an anticipated meeting with Putin, scheduled in Budapest, because he “didn’t feel like we were going to get to the place we have to get.”

Trump slaps 'tremendous' sanctions on Russian oil for Ukraine war
US President Donald Trump slapped sanctions on Russia's two largest oil companies on Wednesday, complaining that his talks with Vladimir Putin to end the Ukraine war "don't go anywhere."
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